Malta’s Stand Against ESMA: Crypto Regulation Insights
In the heart of Europe, Malta is making waves by resisting the full grip of the European Securities and Markets Authority (ESMA) on its crypto scene. This situation begs the question: is it wise to keep some local flexibility in a world moving towards EU-wide oversight? Malta’s stand could have implications for how crypto payroll regulation evolves across Europe.
ESMA’s Role in Crypto Payroll Regulation
ESMA was born out of a need for better investor protection and stable financial markets. But now, as crypto regulations evolve, its authority is under the microscope. The Markets in Crypto-Assets Regulation (MiCA) allows Crypto-Asset Service Providers (CASPs) authorized in one EU country to operate in others without additional…
